Farrows Close, Oakley, Bedford, MK43

Street Guide For Farrows Close, Oakley, Bedford, MK43

 

Farrows Close, Oakley, Bedford, MK43 Map

Estimated Price: £548,523
Average Asking Price: £342,727
Price change in last one year: £41,000
Average Price Paid: £470,999
Average Rent Rates: £1,134

 

Property Prices Breakdown in Farrows Close, Oakley, Bedford, MK43

Average Price for property in Farrows Close, Oakley, Bedford, MK43 is around £548,523 e.g. average price for detached house is around 548,523. Values have been changing and have risen £1,596 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,687 in last 6 months, £41,000 in last 1 year, £70,648 in last 2 years, £79,195 in last 3 years, £72,169 in last 4 years and £78,739 in last 5 years.

Currently average asking price of a property in Farrows Close, Oakley, Bedford, MK43 is around £342,727 based on approximately 1 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £1,134 per month.

Estimated property value in Farrows Close, Oakley, Bedford, MK43 is £548,523. Average asking price is £342,727 while average price paid is £480,000 which is up by £41,000 and Avg. asking rent £1,134.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Farrows Close, Oakley, Bedford, MK43 area. In last 1 year alone average price buyer paid is around £480,000 based on approximately 1 sales in Farrows Close, Oakley, Bedford, MK43 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £487,500. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £470,999 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £476,494 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £116,500, £191,314 for a 2 bedroom house, £272,062 for a 3 bedroom house, £366,020 for a 4 bedroom house and £597,242 for a 5 bedroom house. For a flat similarly the prices varies from £159,745 for a single bedroom to £121,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Farrows Close, Oakley, Bedford, MK43 it comes to around average £128,856 for 1 bedroom property, £170,370 for 2 bedroom, £272,062 for 3 bedroom, £366,020 for 4 bedroom and £597,242 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £820 for 2 bedroom to £897 for 3 bedroom and £1,573 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £624. You should be generally be expecting around average £781 rent per month for 2 bedroom property, £897 for 3 bedroom and approximately £1,573 for 4 bedroom property in Farrows Close, Oakley, Bedford, MK43 area.

Popular Houses in Farrows Close, Oakley, Bedford, MK43

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Farrows Close, Oakley, Bedford, MK43